23  OUTSTANDING LOANS (classified by economic activity)              
            Universal Banking System                         
            as of periods indicated                        
            in billion pesos                        
 ACCOUNTS Jan-07 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07
CLASSIFIED BY ECONOMIC ACTIVITY  
A. LEVELS  
     Agriculture, Hunting & Forestry          82.647         79.884          76.966        79.736         82.144          83.004         80.185        79.342          74.787        73.516      74.575           76.154
     Fishery            5.385           5.472            5.524          5.993           6.201            6.247           6.279          6.150            6.128          6.097        6.077             6.192
     Mining and Quarrying            7.593           7.655            7.667          7.972           7.326            7.194           7.534          7.209            7.692          9.774        7.149             7.388
     Manufacturing        309.439       296.607        295.985      309.463       305.812        313.717       311.100      311.969        320.484      323.373    324.335         329.958
     Electricity, Gas & Water          68.131         65.271          69.160        70.468         67.589          67.040         66.368        64.733          63.210        72.941    111.124         119.318
     Construction          20.327         20.360          19.451        19.801         19.989          21.812         21.922        22.229          24.845        25.149      24.667           22.055
     Wholesale & Retail Trade, Repair of Motor Vehicles        186.254       177.970        180.790      184.558       179.301        172.364       168.749      177.329        182.129      200.188    203.511         203.435
     Transportation, Storage & Communication          61.718         63.009          73.599        73.223         71.073          70.540         70.604        71.739          77.782        82.711      82.635           78.755
     Financial Intermediation (inclusive of IBL)        570.870       564.245        566.132      551.534       519.604        526.648       496.967      463.169        510.087      438.374    509.041         543.709
     Real Estate, Renting & Business Activities        185.493       180.956        177.469      179.207       174.087        178.736       178.645      175.559        181.656      179.179    179.849         186.714
     Public Adm. & Defense: Compulsory Social Securities          33.239         36.906          39.897        36.023         30.059          30.438         31.917        33.748          34.340        34.564      33.849           34.345
     Education            8.535           8.732            8.471          8.486           8.042            8.011           7.807          7.870            7.967          8.027        8.310             7.957
     Health and Social Work            5.749           5.892            5.711          5.449           5.036            5.015           4.853          4.974            5.077          5.129        5.205             5.707
     Other Community, Social & Personal Serv. Act.          79.925         80.781          80.302        82.480         83.138          80.166         81.311        78.882          79.971        87.841      91.972           98.848
     Private Households w/ Employed Persons          54.411         55.396          60.143        62.416         68.333          65.496         66.239        70.382          71.931        74.378      75.899           78.974
     Others          11.558         11.796          11.751        11.907         11.475          11.547         11.539        11.564          12.247        12.307      12.181           13.382
     GRAND TOTAL 1,691.274 1,660.934 1,679.021 1,688.715 1,639.209 1,647.974 1,612.020 1,586.850 1,660.331 1,633.546 1,750.378 1,812.892
                           
B. PERCENTAGE DISTRIBUTION                        
     Agriculture, Hunting & Forestry                4.9               4.8                4.6              4.7               5.0                5.0               5.0              5.0                4.5              4.5            4.3                 4.2
     Fishery                0.3               0.3                0.3              0.4               0.4                0.4               0.4              0.4                0.4              0.4            0.3                 0.3
     Mining and Quarrying                0.4               0.5                0.5              0.5               0.4                0.4               0.5              0.5                0.5              0.6            0.4                 0.4
     Manufacturing              18.3             17.9              17.6            18.3             18.7              19.0             19.3            19.7              19.3            19.8          18.5               18.2
     Electricity, Gas & Water                4.0               3.9                4.1              4.2               4.1                4.1               4.1              4.1                3.8              4.5            6.3                 6.6
     Construction                1.2               1.2                1.2              1.2               1.2                1.3               1.4              1.4                1.5              1.5            1.4                 1.2
     Wholesale & Retail Trade, Repair of Motor Vehicles              11.0             10.7              10.8            10.9             10.9              10.5             10.5            11.2              11.0            12.3          11.6               11.2
     Transportation, Storage & Communication                3.6               3.8                4.4              4.3               4.3                4.3               4.4              4.5                4.7              5.1            4.7                 4.3
     Financial Intermediation (inclusive of IBL)              33.8             34.0              33.7            32.7             31.7              32.0             30.8            29.2              30.7            26.8          29.1               30.0
     Real Estate, Renting & Business Activities              11.0             10.9              10.6            10.6             10.6              10.8             11.1            11.1              10.9            11.0          10.3               10.3
     Public Adm. & Defense: Compulsory Social Securities                2.0               2.2                2.4              2.1               1.8                1.8               2.0              2.1                2.1              2.1            1.9                 1.9
     Education                0.5               0.5                0.5              0.5               0.5                0.5               0.5              0.5                0.5              0.5            0.5                 0.4
     Health and Social Work                0.3               0.4                0.3              0.3               0.3                0.3               0.3              0.3                0.3              0.3            0.3                 0.3
     Other Community, Social & Personal Serv. Act.                4.7               4.9                4.8              4.9               5.1                4.9               5.0              5.0                4.8              5.4            5.3                 5.5
     Private Households w/ Employed Persons                3.2               3.3                3.6              3.7               4.2                4.0               4.1              4.4                4.3              4.6            4.3                 4.4
     Others                0.7               0.7                0.7              0.7               0.7                0.7               0.7              0.7                0.7              0.8            0.7                 0.7
     GRAND TOTAL 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
                           
C. ANNUAL GROWTH RATES                        
     Agriculture, Hunting & Forestry                4.0               1.7              (0.9)            (3.5)               1.8                5.5               3.2              3.3              (1.9)             (3.8)           (5.6)               (5.8)
     Fishery              (3.7)               2.0                3.7            11.6             17.9              16.9             18.2            12.6              11.7            10.3            6.7               11.6
     Mining and Quarrying              (9.0)           (17.0)            (15.2)          (16.4)           (21.6)            (13.4)             (9.9)          (12.0)              (6.6)            11.2         (10.8)               (2.1)
     Manufacturing              (3.7)             (5.8)              (5.3)            (3.3)             (2.6)              (3.5)             (3.3)            (6.1)              (0.1)             (3.9)           (2.0)                 2.3
     Electricity, Gas & Water              14.5               1.7              12.2            10.5               2.7                3.2               2.1            (6.1)              (0.2)            12.4          54.9               66.7
     Construction              (1.7)               0.7              (2.9)              2.3               2.3              14.0             14.6            13.6              24.2            25.7          16.6                 6.4
     Wholesale & Retail Trade, Repair of Motor Vehicles                8.2               3.2              11.1            14.2               5.3                0.5             (1.8)              2.5                7.4            10.8          11.8                 2.5
     Transportation, Storage & Communication                2.2               6.2              27.0            26.4             20.5              20.3             19.5            19.9              36.4            40.8          33.8               23.3
     Financial Intermediation (inclusive of IBL)              19.9             19.0              16.0            28.6             11.0              23.5             18.7              2.2                3.3           (11.6)            0.5               (2.5)
     Real Estate, Renting & Business Activities              10.1               6.2                2.7              2.4             (1.4)              (2.6)             (1.4)            (5.7)              (2.7)             (4.1)           (4.5)               (1.7)
     Public Adm. & Defense: Compulsory Social Securities              17.6             21.8              39.6            25.9             (1.7)            (10.2)           (21.5)              0.7              (7.5)              8.2            1.5               (4.6)
     Education              (6.3)             (5.6)            (11.2)          (10.7)           (14.7)            (14.9)           (16.7)          (13.8)            (11.4)           (14.7)           (7.0)               (7.4)
     Health and Social Work                8.2             11.7              12.6              6.2               2.6                8.0             (6.9)            (5.6)              (7.4)             (6.3)           (4.9)                 4.6
     Other Community, Social & Personal Serv. Act.              (0.9)               0.0                6.2              8.1             11.7              10.7               7.3              5.2              13.0              8.4          12.7               19.5
     Private Households w/ Employed Persons              19.4             20.8              28.8            30.3             36.9              29.5             29.1            34.9              34.8            33.8          40.0               41.4
     Others              18.2             23.3              25.1            32.7             33.3              37.1             27.2            13.4              20.0            17.2          12.8               23.3
     GRAND TOTAL 9.1 7.2 8.8 12.5 6.0 8.4 6.1 1.2 4.6 0.3 6.1 5.5